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Marine Electricals (India) consolidated net profit declines 31.78% in the December 2023 quarter

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Sales rise 15.65% to Rs 146.65 crore

Net profit of Marine Electricals (India) declined 31.78% to Rs 4.98 crore in the quarter ended December 2023 as against Rs 7.30 crore during the previous quarter ended December 2022. Sales rose 15.65% to Rs 146.65 crore in the quarter ended December 2023 as against Rs 126.80 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales146.65126.80 16 OPM %7.8310.98 -PBDT9.4811.53 -18 PBT6.939.53 -27 NP4.987.30 -32

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First Published: Feb 14 2024 | 5:22 PM IST

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